Nexus closes $700 mn fund to bet on AI, tech

Nexus has invested in over 130 firms, made more than 30 exits since 2006

- Rwit Ghosh

Nexus manages about $3.2 billion in capital across its funds.

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Nexus Venture Partners has announced the close of its latest fund at $700 million, as it looks to back startups in artificial intelligence (AI), enterprise technology, as well as consumer and fintech sectors in India and the US.

Since its founding in 2006, the Delaware-headquartered venture capital firm has invested in over 130 companies and made more than 30 exits, some of them through initial public offerings. Over the years, the firm has invested across the technology stack, ranging from open-source infrastructure and developer platforms to the more recent agentic AI companies, and consumer and fintech companies.